Sunday, March 4, 2018

Watch-list for Monday, March 05 $SPY $F $TXN $BB $BKD $DDD $SHLD $INTC $MCD

SPDR S&P 500 ETF
SPY ---->>> It is far to be in quiet period, however the nice rebound that it made from low's going to test it's 20 Moving Average, was a good sign! Could be the beginning of a new round to the long side, and so, will be great to catch new dips!! Stay cautious, stay steady!!


Ford Motor Co.
F --->> After a terrible month of  January and February, the price looks reached the bottom! In last trade session, it got a very interesting buying pressure, meaning that buyers are backing! Could be a great level to buy and hold!!


Texas Instruments, Inc.
TXN --->>> I've following this one  for a long period, and i can say that we have here a strong setup! Recovering very well to consequences of the market, Texas Instruments still showing high accumulation and buying pressure! I'll be not surprised if it make a new 52 higher next week! Keep closely on the break above $110.29


BlackBerry Ltd.
BB --->>> Amazing bounce that it made in last trade session, closing very well above it's 20 Moving Average showing strong positive divergences on chart! Stay closely on the breakout ahead! Could squeeze hard!



Brookdale Senior Living, Inc.
BKD --->> The falling time looks ended and recovery is on the way! Nice pop from bottom! Watching for continuation.


3D Systems Corp.
DDD --->>> Is ready to break to upside toward it's 200 Moving Average! Nice chart! Go long over $11.80


Sears Holdings Corp.
SHLD --->>> Is breaking out from the base formed on top of it's 20 Moving Average! Also, it emerge strong with earnings ahead, which leads me to watch for a possible break above it's 50 Moving Average! Could make a great squeeze before ER.


Intel Corp.
INTC --->>> In my last blog post, I alerted for how Intel was becomig attractive again!! Well, I hope you got in, becouse it should go test New Highs. Chart speaks for itself.



McDonalds Corp.
MCD ---->>>> Could this drop be a gift?? I'll be watching closely for a possible bounce! If it break above $150.45, I'm in!!



All charts posted above are focused for swing trading! It could take a week or more, depending on market conditions, to hit the targets! If you are interested in daytrading, i suggest you to join me and Faisamtrader team on live trading room, where you will get high quality alerts! Use code fonsie30off and get 30% off when subscribe! Click here

Disclaimer

All charts posted here are merely tools to study based on major technical indicators!! It is up to the reader to decide whether the stocks mentioned above are appropriate for your strategy! I warn that the good performance of a stock not depends only the technical data and I can not responsible for any trade that goes wrong!! Follow me on Twitter and Stocktwits, during the day I post some good ideas of trade

Regards

FonsieTrader